Download MetaTrader 5

Indicators: RFTL

To add comments, please log in or register
Publish your article and thousands of people all over the world will read it!
Automated-Trading
Admin
99915
Automated-Trading 2011.08.29 13:36 

RFTL:

Reference Fast Trend Line (RFTL) is a response of FLF-1 and FLF-2 digital filters to the input discrete sequence. This response is set with the delay equal to the Nyquist TNi range.

RFTL reference line is an equivalent of simple moving "averages" from the viewpoint of their delay relative to the current prices. Mentioned similarity would have been complete, in case we use an impulse parameter having 1/N weights that corresponds to the procedure of the dotted moving smoothing instead of the complicated FLF impulse parameters.

Author: Nikolay Kositsin

RFTL

To add comments, please log in or register